Coffee Day stock zooms 20% as NCLAT terminates resolution proceedings
NCLAT, Chennai, on September 13, 2023, passed an order terminating CIRP proceedings against CDGL and set aside NCLT order
NCLAT, Chennai, on September 13, 2023, passed an order terminating CIRP proceedings against CDGL and set aside NCLT order
IDBI Trusteeship has filed an application of "default" against the company before NCLT over alleged default of ₹228 cr
Lessors have sought de-registration of 44 aircraft operated by Go First.
Lessor's plea to be heard by NCLAT bench today; to seek stay on insolvency proceedings that restrict lessors from taking back aircraft until moratorium is on
The Competition Commission of India had imposed a fine on Google for unfair business practices in the Android ecosystem and Play Store in October last year.
The NCLAT has asked the tech giant to pay the amount of ₹1,337 crore within 30 days.
The stock had fallen 15% in the last six sessions after the NCLT last week allowed initiation of insolvency proceedings against the Essel Group company.
The NCLAT has stayed bankruptcy proceedings against ZEEL initiated by the NCLT on IndusInd Bank’s plea under the Insolvency and Bankruptcy Code (IBC).
In October last year, the country’s antitrust watchdog, imposed a fine of ₹1,337.76 crore on Google for abusing its dominant position in multiple markets in the Android Mobile device ecosystem.
Google says the CCI's order against it was a "setback" for Indian users and businesses, and that it will seek a stay on the order.